Alibaba Gearing Up To Raise $15 Billion In Hong Kong Share Sale This Month: Reports

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Alibaba Gearing Up To Raise $15 Billion In Hong Kong Share Sale This Month: Reports
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The move would be a boost for the Asian financial hub that has been left reeling by anti-government protests.

: Alibaba is gearing up for a share offering in Hong Kong later this month as it looks to raise up to $15 billion in a secondary listing. The move would be a boost for the financial hub rocked by months of unrest that have tipped it intoThe Chinese e-commerce firm reportedly sought approval from Hong Kong’s listing committee on Thursday, according to, which cited two people familiar with discussions.

Analysts say the move could be an effort to hedge against the U.S.-China trade war that has hit the Chinese economy and led to its

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